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IDF, Getty ImagesAn F-16i jet fighter sits at the end of the production line at a Lockheed-Martin plant Fort Worth, Texas.
BETHESDA, Md. -- Lockheed Martin (LMT) is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.

"In the face of government budget cuts and an increasingly complex global security landscape, these actions are necessary for the future of our business," CEO Marilyn Hewson said Thursday in a statement.

Across-the-board spending cuts by the federal government have helped trim U.S. budget deficits. Budget negotiators in Congress are holding talks centered on find ways to cut spending and tax breaks to replace the automatic cuts that started earlier this year that are slamming the Pentagon and domestic agencies.

Bethesda, Md.-based Lockheed Martin Corp., maker of Patriot missile defense system and the F-35 and F-16 fighter planes, will close plants in Goodyear, Ariz.; Akron, Ohio; Newtown, Pa.; and Horizon City, Texas; as well as four buildings at its Sunnyvale, Calif. campus, by mid-2015, eliminating 2,000 jobs.

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Another 2,000 positions will be cut in its information systems and global solutions, mission system and training, and space systems units by 2014's end.

Lockheed Martin said it will shift work and some employees to facilities in Denver and Valley Forge, Pa. The company is also reviewing other possible plants to which it could relocate programs, including facilities in Owego, N.Y. and Orlando, Fla.

Lockheed Martin said it has cut its workforce to 116,000 employees from 146,000 since 2008.

Last month the company said that revenue would decline "slightly" next year on likely federal budget cuts.

Shares dipped 5 cents to $137.21 in morning trading. The stock is up 49 percent this year.

anyone who believes that America, spending 41% of the ENTIRE worlds military budget is sane needs to check into your nearest asylum! 115 MILLION armed Americans in this country! WHO is going to pose a REAL threat? 115 million Americans against a corrupt government?

Another FYI for everyone. The Veterans Adm sends veterans that have disability and Agent Orange claims file, they have to go and see doctors through an agency that is owned by Lockheed Martin! Could it be that the more claims that are denied, means more money for defense spending? Just asking the question!

America needs math teachers. let some of these engineers get jobs teaching! America needs health care workers. When our government decides to be business friendly, manufacturing jobs could come back to the U.S. It is time for those that have made billions off the wacky foreign policies of our country, have to get a real job. The military/industrial complex has cost our country the ultimate price...the blood of our best and brightest in getting us involved around the world. The really worst part is that we did not get involved to win, just make money for the merchants of death and their backers in congress.